T at $42.86
Posted on December 17, 2015 by Matt Cooper in Investing, Consensus Rating Articles
Clovis Oncology Inc (NASDAQ:CLVS) has been given an average rating of “Buy” by the eight brokerages that are covering the company, AnalystRatings.NET reports. Five research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $42.86.
CLVS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. restated a “buy” rating on shares of Clovis Oncology in a report on Wednesday, September 2nd. Mizuho restated a “buy” rating and issued a $103.00 price target on shares of Clovis Oncology in a report on Tuesday, September 8th. Piper Jaffray restated a “hold” rating and issued a $92.00 price target (up from $77.00) on shares of Clovis Oncology in a report on Wednesday, September 9th. WallachBeth Capital upped their price target on shares of Clovis Oncology from $115.00 to $134.00 and gave the stock a “buy” rating in a report on Thursday, September 10th. Finally, Vetr upgraded shares of Clovis Oncology from a “hold” rating to a “strong-buy” rating and set a $54.87 price target on the stock in a report on Monday, November 16th.
In other Clovis Oncology news, insider Lindsey Rolfe sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $93.04, for a total transaction of $372,160.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Gillian C. Ivers-Read sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $112.56, for a total transaction of $337,680.00. Following the transaction, the insider now directly owns 215,583 shares of the company’s stock, valued at $24,266,022.48. The disclosure for this sale can be found here. |